Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BASML_BE) Bannari Am complete technical analysis [charts+indicators] | Buy/Sell Bannari Am | (BASML_BE) share price targets

Complete technical analysis of Bannari Am (BASML_BE) by charts plus indicators, forecast predictions and share price targets for Bannari Am (BASML_BE)

Showing technical analysis as on 2024-10-04 View latest technical analysis

10 day averaged volume of Bannari Am is 192614

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	58.52	60.65	60.74	58.00	0.489 times
03 Thu Oct 2024	59.47	61.29	61.50	59.10	1.068 times
01 Tue Oct 2024	61.39	61.84	62.59	59.50	1.296 times
30 Mon Sep 2024	60.78	60.11	61.15	60.02	0.311 times
27 Fri Sep 2024	61.01	61.99	62.46	60.00	0.716 times
26 Thu Sep 2024	61.77	59.89	62.40	58.10	1.682 times
25 Wed Sep 2024	59.49	61.40	62.50	59.01	0.473 times
24 Tue Sep 2024	61.38	59.89	61.88	58.50	0.513 times
23 Mon Sep 2024	60.00	61.11	62.40	58.10	1.676 times
20 Fri Sep 2024	61.09	63.85	63.85	60.10	1.149 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 46.5 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 69.75 as target.

Share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Target	58.00
Upside Target	60.10
Upside Target	62.50
Upside Target	65.00
Upside Target	70.20
Upside Target	72.00
Upside Target	75.00
Upside Target	79.00
Upside Target	84.50
Upside Target	86.00
Upside Target	90.30
Upside Target	140.00
Upside Target	148.90

Intraday share price targets for Bannari Am (BASML_BE)

Target Type	Value
Downside Intraday Target	56.82
Downside Intraday Target	55.11
Upside Intraday Target	61.41
Upside Intraday Target	64.29
Upside Intraday Target	59.7

Weekly technical analysis of Bannari Am (BASML_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	58.52	60.11	62.59	58.00	0.625 times
27 Fri Sep 2024	61.01	61.11	62.50	58.10	1.372 times
20 Fri Sep 2024	61.09	89.50	90.30	60.10	1.221 times
16 Fri Jul 2021	86.00	76.30	86.00	75.00	2.259 times
09 Fri Jul 2021	74.85	74.20	79.00	72.00	1.259 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bannari Am (BASML_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	58.52	61.84	62.59	58.00	0.374 times
30 Mon Sep 2024	60.78	64.50	65.00	58.10	1.243 times
19 Mon Jul 2021	90.15	73.20	90.30	70.20	0.856 times
30 Wed Jun 2021	73.15	80.80	84.50	73.00	102.359 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bannari Am (BASML_BE)

Price action analysis of Bannari Am ( (BASML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bannari Am ( (BASML_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Bannari Am ( (BASML_BE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bannari Am stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bannari Am in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bannari Am Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bannari Am in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bannari Am is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.66 and Bannari Am (BASML_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bannari Am (BASML_BE) stock. Volume based technical analysis of Bannari Am (BASML_BE) stock is negative.

Bannari Am Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.